Cambodia’s 2020 tax revenue collection set to rise once again

Cambodia’s 2020 tax revenues are expected to continue to grow, while transparency is also set to improve as tax officials become more aware of anti-corruption laws, according to the director general of the General Department of Taxation (GDT) on Monday.

Speaking to tax officials at a workshop in the capital on the Anti-Corruption Law, Kong Vibol said that strengthening legal enforcement and the use of technology in tax collection is set to further push Cambodia`s tax revenue growth, especially when a new technological system becomes fully operational in 2020.

“Understanding the anti-corruption law is very important for tax officials. Today, we are working hard on tax reform, especially strengthening good governance, transparency in paying tax and creating a fair playing field,” he said. “By strengthening the tax laws, code of ethics, procedures and the anti-corruption law, I believe it will put the tax officials in a more responsible position.”

In full: https://pulsenews.co.kr/view.php?year=2019&no=644407

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